As Hyundai struggles, its labour union shows signs of softeningWhen workers at South Korea's Hyundai Motor went on strike last year, the stoppage lasted 24 days, triggered months of negotiations and netted them their smallest raise in nearly a decade. This week,...
US touts EU trade truceThe United States signaled on Thursday it is set to push ahead on trade talks with Canada and Mexico after agreeing to suspend hostilities over tariffs with Europe in a fragile deal that may clear the...
Bulls maintains control at PSX, up 697 pointsBulls continued control in the local bourse Friday by taking the index up 756 points during the day, to close at 42,786 points level, up 697 points. Overall volumes increased by 52 percent from previo...
Oil markets ease after three days of gainsOil prices edged lower on Friday in quiet trading after three days of gains, but took support from Saudi Arabia halting crude transport through a key shipping lane, falling US inventories and easing t...
Cotton trading remains selective on general price adjustmentTrading remained grade selective while buyers made deals for better grades of lint on sellers' asking price amid firm spot rate. Volumes remained thin, fibre traders said. Forward deals also changed h...
Greenback edges lower in value versus domestic unitThe greenback closed depressed in value against the rupee in the interbank and open market dealings, treasurers and currency dealers said. Dollar started day's trading at Rs 128.30 for buying, with 30...
Yellow metal price remains depressed, wary on Futures, dull hedgingYellow metal price closed depressed as prime hedgers and investors negated making any significant move on possible report of economic conflict between US and China that may decide Gold Futures deals o...